News

PNB Unveils 34 New Offerings on Its 131st Foundation Day.

Banking & Finance | Dated: 17 Apr 2025

Punjab National Bank (PNB), the nation’s first Swadeshi Bank and a leading public sector bank, commemorated its 131st foundation day on 12 April 2025 by unveiling 34 innovative banking products and services at its Corporate Office in Dwarka, New Delhi.

🎯 Key Highlights:

- The newly launched suite comprises 12 customer-focused deposit initiatives and 10 cutting-edge digital solutions, highlighting PNB’s ongoing drive toward inclusive banking and technological progress.

💡 Other Important Facts:

(i) The deposit schemes are specially designed for varied customer groups such as working professionals, women, armed forces personnel, farmers, NRIs, senior citizens, students, and the youth, catering to their unique financial needs.
(ii) Among the digital solutions, notable introductions include a QR-code-based feedback mechanism, the intelligent live-chat assistant “Pihu,” and advanced internal banking tools aimed at elevating service standards for customers.
(iii) The event witnessed the presence of M Nagaraju, Secretary, Department of Financial Services (DFS) under the Ministry of Finance (MoF); along with Ashok Chandra, Managing Director (MD) and Chief Executive Officer (CEO) of PNB. He was joined by Executive Directors Kalyan Kumar, M. Paramasivam, Bibhu Prasad Mahapatra, and D. Surendran, among other senior officials.

📚 Test Your Knowledge:

Which bank recently unveiled 34 new offerings on its 131st Foundation Day?

Correct Answer: Punjab National Bank

🚀 Quick Recap:

About Punjab National Bank (PNB)

CEO: Ashok Chandra
Headquarters: New Delhi